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Marine Insurance P&I Club News

New Zealand and Australia issue stink bug warning

Why is the Brown Marmorated Stink Bug a problem? The Brown Marmorated Stink Bug (BMSB), or Halyomorpha halys, is an agricultural pest that feeds on, and can severely damage, fruit and vegetable crops. The pest has spread from its native range in East Asia to form established populations in North America and Europe but is not yet established in Australia and New Zealand. If the pest were to find its way to New Zealand or Australia it could seriously harm the countries’ agricultural economies and unique environments. Like the Asian ...

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Britannia Risk Watch: analysis of a collision in dense fog and traffic

Britannia P&I Club has just published the latest edition of Risk Watch on its website. This popular publication provides case studies and articles on a variety of topical issues for shore-based maritime personnel. As well as recent Club news and an introduction to the team working in Britannia’s Hong Kong branch and hub, the current edition marks the releases of the latest in the loss prevention department’s series of BSAFE posters, this time focusing on the recurring issue of enclosed spaces. Also included is an interesting review of a collision ...

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What is the best evidence in defending liquid cargo contamination claims?

The answer is cargo samples, particularly manifold samples. When faced with a contamination or off-spec claim at the discharge port, the onus is on the vessel to show that the condition of the cargo has not changed between loading and discharge, and properly taken load port samples can provide such evidence. Joint sampling is preferred, however if it cannot be arranged then samples taken by crew are equally beneficial. Remember – a pro-active approach to sampling can potentially save millions of dollars in claims and prevent delays to the vessel. ...

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American P&I Club Managers Announce Appointments Enhancing The Experience And Capabilities Of Their Global Service Teams

In a circular to Members of the American P&I Club, its Managers, Shipowners Claims Bureau, Inc. (SCB), have today announced that Arsinoi Iliokaftou has been appointed Claims Executive in London, to add further strength to its existing capabilities in the claims liaison sphere, whilst in the Managers’ Hong Kong office, Vicky Cheng and Joe Wan have been appointed as Business Development Executives – Asia to assist in the Club’s and Eagle Ocean Marine (EOM)’s initiatives in this key region of their global activity. Arsinoi Iliokaftou is a fully-qualified Greek lawyer, ...

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Skuld Partners with Concirrus to Improve Members’ Loss Prevention

Skuld, a world-leading marine insurance provider, has partnered with leading InsurTech, Concirrus, to deploy its behaviour-based data analytics platform, Quest Marine. Skuld is the first P&I Club to integrate Quest Marine with its business systems. With the solution in place, Skuld can identify suspicious loss behaviour, develop risk monitoring insights, and advise members on ways to reduce risk based on a behavioural risk scoring system jointly developed by Skuld and Concirrus. Skuld Chief Executive Ståle Hansen comments: “The future of marine insurance involves digital tools, and Quest Marine will enhance ...

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Maritime industry targeted by cyber criminals

In a recent information letter to the maritime sector, the Norwegian National Security Authority (NSM) advises of an increase in the number of cyber campaigns targeting several different sectors since June 2019 and states that both the maritime sector and the oil and gas sector have been victims of such targeted attacks. To this date, the campaigns have used social engineering techniques in e-mails and in personal messages through social media, primarily LinkedIn, but also WhatsApp and Facebook Messenger to: • install malware on the user’s computer; • gather information ...

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War Risk Insurance Premiums Soaring for Ships in Persian Gulf

Ship insurers have paid out more that $100 million in damages after a spate of tanker attacks and seizures in the Persian Gulf this summer as tensions between the U.S. and Iran have escalated. The Norwegian Shipowners’ Mutual War Risks Insurance Association, known as DNK, said war risk premiums are up 10-fold this year, with ships crossing the Strait of Hormuz paying between $300,000 and $400,000 per sailing. “The cost of shipping in one of the world’s busiest waterways has gone up substantially and we don’t expect an easing of ...

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Ballast water log requirements on United States West Coast

Members are advised that environmental inspectors on the United States West Coast have recently issued notices of violations to ships that lacked proper ballast water handling logs. California, Oregon and Washington all require ballast water reporting on a tank-by-tank basis. Additionally, all three states require that the ballast water log book show ballast activities for each ballast tank and that such documentation be made available to inspectors for two years. Additionally, Oregon and Washington require recording the exact time and position of the start and stop of ballast water exchange ...

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Switch bills of lading

Background Skuld often receives queries from owner members who are requested to switch bills of lading. Although the practice is widespread, there is much confusion with regards to whether owners can comply with such request, how new bills should be issued, and whether P&I cover is at risk. This article aims to highlight a few of the concerns owners should have for complying with switch bills requests, and we will seek to provide some practical guidelines on how owners can minimise the risks connected with switching bills. Concerns with switching ...

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The role of the SCR in the salvage of mega box ships

Salvage operations generally operate on a ‘no cure no pay’ basis so a salvage reward will only be payable where there is sufficient value in the property salved. As transportation of the quantities of oil and other potential pollutants has increased over the years, so too has the potential for damage to the environment. In order to properly incentivise and remunerate salvors for actions and steps taken to prevent damage to the environment, the 1989 Salvage Convention introduced special compensation under Article 14. Article 14 allows salvors to receive special ...

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Yemen – port situation

We would like to emphasise that the security situation and corresponding security advice to vessels calling at Yemeni ports may change at any time. Ship operators and their masters are advised to continuously evaluate the situation, carry out an assessment of the risks involved prior to entering or transiting Yemeni waters and take all necessary precautions to ensure the safety of the vessel and its crew. Port situation According to information received from our correspondent GAC, the port situation in Yemen as at 20 August 2019 is as follows: Working: ...

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Can cargo vapours contaminate the full cargo parcel?

In Gard we see that almost 50% of the cargo loss cases are a result of cargo contamination. Many of these are due to vapour contamination. Vapour contamination may occur due to migration of vapour between incompatible cargoes via the IG lines or from pre-existing vapours from the last cargo in the tank. Contamination of petroleum products affects their odour, acidity or flashpoint specifications and can lead to the partial or total loss of the parcel thereby incurring significant losses. These losses can be avoided by ensuring that the IG ...

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Legal Update: Singapore Convention on Mediation

The United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the “Singapore Convention on Mediation” (the “Convention”) is intended to provide a framework for the enforcement of international settlement agreements resulting from mediation. What is mediation? Mediation is a process whereby parties attempt to reach an amicable settlement of their dispute with the assistance of a third person or persons (the mediator) lacking the authority to impose a solution upon the parties to the dispute. Why consider mediation? The mediation process is more flexible, and in ...

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AIS mandatory in Indonesian waters

According to Gard’s correspondent SPICA Services (Indonesia), the Indonesian Ministry of Transportation has approved a new regulation that requires all vessels sailing in Indonesian territorial waters to be fitted with Automatic Identification Systems (AIS). The Indonesian regulations also stipulate that all vessels in its territorial waters to always keep their AIS on. The new regulation is aligned with the Safety of Life at Sea (SOLAS) Convention, and • aims to improve navigation safety and security within Indonesian territorial waters, • applies to both foreign-flagged and Indonesian-flagged vessels, and • takes ...

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Developments in regard to US sanctions on Venezuela: Blocking of Venezuelan government and other entities: implications for US and non-US persons

There have recently been developments in regard to US sanctions in Venezuela which have implications for both US and non-US persons. The remainder of this Circular describes these developments and urges caution in dealing with entities and transactions upon which these heightened sanctions may have a bearing. US persons and the Government of Venezuela On August 5, 2019, President Trump issued Executive Order (EO) 13884. This EO blocks the property/assets of the Government of Venezuela in the United States or in the possession and control of any United States person. ...

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